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Offices

20/22 Railway Road Subiaco, WA 6008

Sold on 9 Jan 2025
  • Building: 357m²
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Offices in Subiaco

Prime leased investment: 6.8% Net Return, 4 year WALE, modern building

  • Building: 357m²

RWC WA proudly presents a prime leased investment opportunity: modern second floor office space with an exceptional parking ratio in a prominent building.

Ideally located in a suburb experiencing a renaissance and surge in popularity, the property is just 400m* from Subiaco Train Station.

This strata office, part of a 2007 built multi level commercial building, features a reception, boardroom, meeting rooms, open plan area, spacious individual offices, two balconies with independent amenities, and abundant natural light. Leased to a financial services company with a strong WALE and option.

Property features:

  • Net lettable 357sqm*
  • 4 year lease + 4 year option
  • Net income of $132,800pa
  • 3% fixed reviews
  • 10 car bays

For further information or to arrange an inspection please contact:

Stephen Harrison
M: 0421 622 777
E: stephen.harrison@raywhite.com

*Approx

Building:

357m²

Zone:

Centre R-ACO (LPS No.5)

Tenancy:

Tenanted

Categories:

Offices, Other

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

20/22 Railway Road, Subiaco, WA 6008